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Quilter S&S ISA - 7%

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Comments

  • Chloe_G
    Chloe_G Posts: 418 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    My Vanguard S&S ISA is down 8.56% since April 2020.
  • masonic
    masonic Posts: 29,287 Forumite
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    Chloe_G said:
    My Vanguard S&S ISA is down 8.56% since April 2020.

    Which funds did you invest in?
  • Prism
    Prism Posts: 3,859 Forumite
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    Chloe_G said:
    My Vanguard S&S ISA is down 8.56% since April 2020.
    My Fundsmith S&S ISA is up 46% since April 2020 - neither stat helps though as they are both different investments to the OP.
  • Chloe_G
    Chloe_G Posts: 418 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Prism said:
    Chloe_G said:
    My Vanguard S&S ISA is down 8.56% since April 2020.
    My Fundsmith S&S ISA is up 46% since April 2020 - neither stat helps though as they are both different investments to the OP.
    Apologies - I was just trying to demonstrate that things could be worse!
  • masonic
    masonic Posts: 29,287 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Chloe_G said:
    Prism said:
    Chloe_G said:
    My Vanguard S&S ISA is down 8.56% since April 2020.
    My Fundsmith S&S ISA is up 46% since April 2020 - neither stat helps though as they are both different investments to the OP.
    Apologies - I was just trying to demonstrate that things could be worse!
    Things certainly could be worse. Performance over the past couple of years have been largely driven by whether or not you had significant exposure to interest rate sensitive assets...

  • boingy
    boingy Posts: 2,011 Forumite
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    This still isn't making sense to me. The underlying fund has grown and the charges as stated are nowhere near enough to account for the the ISA making a 7% loss.
  • masonic
    masonic Posts: 29,287 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    boingy said:
    This still isn't making sense to me. The underlying fund has grown and the charges as stated are nowhere near enough to account for the the ISA making a 7% loss.
    I don't think it is making sense to anyone. Now that the fund is confirmed as WealthSelect Managed Blend 4, the performance can be verified as +16.8%, so it should still be double digit positive even after a 1%pa adviser charge. Not suggesting this is what happened, but it is as if the investment was panic-sold near the bottom of the pandemic crash, then reinvested after the recovery.
  • dunstonh
    dunstonh Posts: 121,120 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Other things it could be:
    1 - are you relying on Quilter to give you the percentage figure - if so, that figure has quirks.
    2 - did you do bed & ISA transactions?  (moving money from GIA to ISA) - these can play the return figures up as it doesn't take into account you had the money in the GIA but assumes the ISA contribution is new money.

    How much did you invest in 2018?   How much is it worth now?   (you say you have had no withdrawals/income).   Any top ups?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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